Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the most anxiety-inducing topics out there: recessions. If you’re worried about what happens when the economy takes a nosedive or you’re not sure how to prepare, this episode is absolutely for you. I’ve personally lived through four recessions—and as some are saying, we might be on the doorstep of a fifth. I’m here to share what I’ve learned through every downturn, what always happens, and—most importantly—how...
Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on one of the most anxiety-inducing topics out there: recessions. If you’re worried about what happens when the economy takes a nosedive or you’re not sure how to prepare, this episode is absolutely for you. I’ve personally lived through four recessions—and as some are saying, we might be on the doorstep of a fifth. I’m here to share what I’ve learned through every downturn, what always happens, and—most importantly—how you can not just survive, but actually thrive and build your wealth during these challenging times.
You’ll hear about how panic and fear grip the headlines, how markets crash and jobs are lost—but you’ll also learn how, tucked behind the chaos, incredible opportunities for wealth are quietly created. I break down the patterns that emerge every time the economy contracts, what causes these downturns in the first place, and how you can position yourself so when the next one comes (and it will), you’re ready to spring into action.
IN TODAY’S EPISODE, I DISCUSS:
- What a recession really is and why they happen as part of the natural economic cycle
- The four key patterns that always play out during recessions
- My own experience investing during the 2008 crash and how liquidity helped me come out wealthier on the other side
- Why recessions are actually a massive wealth transfer—from over-leveraged to prepared, from the fearful to the focused
- How to keep your cool during downturns and why panicking usually locks in losses
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https://melabraham.com/show/
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- Major Money Milestones To Achieve in Your 40s
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If you liked this video, you'll love these ones:
- How To Make Money In An Economy That Hates You: https://youtu.be/Pg3Y-edj1no
- Understanding The Impact Tariffs Have On Your Finances: https://youtu.be/2OVdRYkxwl4
- The Only Thing That Stopped Me From Overspending: https://youtu.be/5jBNKRalEOA
- 5 Simple Habits For Building Wealth (as a self made millionaire): https://youtu.be/hHObBrzXJ4I
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